Canadian Underwriter

Topic Environmental

Crews restoring power on Cape Breton Island
News ClaimsEnvironmentalNova Scotia

More than 7,000 in N.S. without power as crews repair damage caused by winter storm

February 7, 2022 by The Canadian Press

HALIFAX – More than 7,000 customers in Nova Scotia are still without power after a weekend storm that brought freezing rain across the province damaged power lines. Matt Drover with Nova Scotia Power says about 7,403 customers are still without

Green office
News EnvironmentalHRProperty

Green buildings can boost productivity, well-being and health of workers

February 3, 2022 by The Canadian Press

Md Sazan Rahman, PhD Candidate, Bioresource Engineering, McGill University This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Most

Silhouette of two oil well drills against a blue and orange sunset. Pump Jacks working out in Weyburn Saskatchewan, Canada. Image taken from a tripod.
News Environmental

The estimated cost of cleaning Canada’s orphan oil and gas wells

January 31, 2022 by Alyssa DiSabatino

The cost of cleaning up orphaned oil and gas wells across Canada could skyrocket between 2020 and 2025, says a new report from Canada’s parliamentary budget officer. Provincial regulators require oil and natural gas companies to close inactive or abandoned

Whiteout conditions in Halifax Regional Municipality
News ClaimsEnvironmentalNew BrunswickNova ScotiaP.E.I.

Powerful winter storm sweeps Maritime provinces, creating treacherous conditions

January 31, 2022 by The Canadian Press

HALIFAX – A powerful winter storm swept across the Maritimes on Saturday, blanketing much of the region in heavy, blowing snow and causing road closures, power outages and widespread cancellations. Drivers were urged to avoid travel amid blizzard-like conditions, and

Car driving during winter storm
News ClaimsEnvironmentalNew BrunswickNova ScotiaP.E.I.

Weather warnings: Residents of the Maritimes bracing for another major winter storm

January 28, 2022 by The Canadian Press

HALIFAX – Environment Canada is warning residents of the Maritimes to prepare for power outages as a major winter storm – the fourth this month – is expected to lash the region Saturday with blowing snow, freezing rain and howling

Close-up aerial photo of an oil refinery in the Alberta Oilsands, near Fort McMurray.
News EnvironmentalInsurers

Insurers holding difficult conversations with carbon-producing clients as ESG awareness grows

January 27, 2022 by Alyssa DiSabatino

With environmental, social and governance (ESG) awareness on the rise, insurance companies are starting to hold difficult conversations with their long-standing carbon-producing partners, said three P&C insurance company executives during a Canadian Underwriter webinar on Jan. 25.  In compliance with the

News AlbertaB.C.EnvironmentalProperty

Indigenous non-profit looks to acquire ownership of Trans Mountain Pipeline

January 24, 2022 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline, saying its aim is to make sure communities along the pipeline’s route receive its benefits directly. Nesika Services publicly launched Monday, calling itself

Split screen of a tree in summer versus winter
News B.C.CatastrophesEnvironmentalPersonal Home

Utility says B.C.’s heat, rain and cold in 2021 underscore changing demand for power

January 21, 2022 by Jason Contant

VANCOUVER – British Columbia endured sizzling summer heat and bone-numbing cold to end 2021 and the province’s electrical utility says the result was a record-breaking, year-round demand for power, launching a trend that’s not expected to end soon. In a

Motorist driving on closes Trans-Canada highway in Abbotsford, BC
News B.C.CatastrophesClaimsEnvironmentalInsurersLoss TrendsPersonal Home

Claims costs keep rising for B.C. catastrophes

January 18, 2022 by Jason Contant

British Columbia’s costliest severe weather event in provincial history just got more expensive. Catastrophe Indices and Quantification Inc. (CatIQ) confirmed to Canadian Underwriter Friday that the Canadian property and casualty insurance industry expects to pay out $515 million for claims

News CatastrophesClaimsEnvironmentalManitobaPersonal Home

Manitoba grand chief says $85.5M settlement for flood damage is fair

January 18, 2022 by The Canadian Press

WINNIPEG – The grand chief of the Assembly of Manitoba Chiefs says the latest court settlement for property owners affected by devastating flooding more than a decade ago is fair. The Manitoba government diverted water from the Assiniboine River to

News EnvironmentalNewfoundland & LabradorOntarioPersonal HomeQuebec

The insured damage cost of December’s windstorm in eastern Canada

January 13, 2022 by Alyssa DiSabatino

The windstorm that swept across Ontario, Quebec and the Atlantic provinces between Dec. 11 and 14 caused more than $152 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The eastern Canada windstorm brought strong

News CatastrophesEmerging RisksEnvironmental

Expert panel says Canada needs to ‘up its game’ on climate data to better adapt

January 13, 2022 by Mia Rabson - THE CANADIAN PRESS

OTTAWA – A new report suggests Canada is not doing enough to adapt to and prevent the effects of climate change and is lacking the critical data it needs to do so.   “I mean, 2021 has really now been a